Gross national expenditure (constant LCU), per unit of GDP in Panama
Panama: Gross national expenditure (constant LCU), per unit of GDP was 0.9029 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Panama, 1996–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Panama recorded 0.9029 constant LCU per US$ of GDP for gross national expenditure (constant lcu), per unit of gdp in 2024. That is the lowest value across all 29 years on record.
The figure is down 2.2% on the previous year and down 19.7% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Panama peaked at 1.88 constant LCU per US$ of GDP in 1998 and was at its lowest, 0.9029 constant LCU per US$ of GDP, in 2024.
That places Panama 129th out of 169 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Panama, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1996 | 1.77 constant LCU per US$ of GDP | — |
| 1997 | 1.75 constant LCU per US$ of GDP | -0.7% |
| 1998 | 1.88 constant LCU per US$ of GDP | +7.5% |
| 1999 | 1.84 constant LCU per US$ of GDP | -2.2% |
| 2000 | 1.81 constant LCU per US$ of GDP | -2.0% |
| 2001 | 1.75 constant LCU per US$ of GDP | -3.0% |
| 2002 | 1.77 constant LCU per US$ of GDP | +1.3% |
| 2003 | 1.83 constant LCU per US$ of GDP | +3.3% |
| 2004 | 1.76 constant LCU per US$ of GDP | -4.2% |
| 2005 | 1.75 constant LCU per US$ of GDP | -0.6% |
| 2006 | 1.68 constant LCU per US$ of GDP | -3.6% |
| 2007 | 1.6 constant LCU per US$ of GDP | -5.1% |
| 2008 | 1.52 constant LCU per US$ of GDP | -5.2% |
| 2009 | 1.33 constant LCU per US$ of GDP | -12.2% |
| 2010 | 1.4 constant LCU per US$ of GDP | +5.0% |
| 2011 | 1.28 constant LCU per US$ of GDP | -8.2% |
| 2012 | 1.22 constant LCU per US$ of GDP | -5.1% |
| 2013 | 1.16 constant LCU per US$ of GDP | -4.5% |
| 2014 | 1.13 constant LCU per US$ of GDP | -3.2% |
| 2015 | 1.08 constant LCU per US$ of GDP | -3.9% |
| 2016 | 1.05 constant LCU per US$ of GDP | -3.0% |
| 2017 | 1.03 constant LCU per US$ of GDP | -2.2% |
| 2018 | 1.01 constant LCU per US$ of GDP | -1.1% |
| 2019 | 0.9962 constant LCU per US$ of GDP | -1.8% |
| 2020 | 0.9601 constant LCU per US$ of GDP | -3.6% |
| 2021 | 0.9523 constant LCU per US$ of GDP | -0.8% |
| 2022 | 0.9324 constant LCU per US$ of GDP | -2.1% |
| 2023 | 0.9233 constant LCU per US$ of GDP | -1.0% |
| 2024 | 0.9029 constant LCU per US$ of GDP | -2.2% |
Panama compared with similar countries
- Panama's 0.9029 constant LCU per US$ of GDP is above the median for high income countries, which is 0.8065 constant LCU per US$ of GDP, 1.1× the median. (58 countries reporting)
- Panama's 0.9029 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 6.22 constant LCU per US$ of GDP, 15% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.81 constant LCU per US$ of GDP | 1.75 constant LCU per US$ of GDP | 1.88 constant LCU per US$ of GDP | 4 |
| 2000s | 1.68 constant LCU per US$ of GDP | 1.33 constant LCU per US$ of GDP | 1.83 constant LCU per US$ of GDP | 10 |
| 2010s | 1.14 constant LCU per US$ of GDP | 0.9962 constant LCU per US$ of GDP | 1.4 constant LCU per US$ of GDP | 10 |
| 2020s | 0.9342 constant LCU per US$ of GDP | 0.9029 constant LCU per US$ of GDP | 0.9601 constant LCU per US$ of GDP | 5 |
Countries ranked near Panama
- 126 El Salvador 1 constant LCU per US$ of GDP compare
- 127 Palestine 0.9614 constant LCU per US$ of GDP compare
- 128 Bahamas 0.9269 constant LCU per US$ of GDP compare
- 130 Ecuador 0.8791 constant LCU per US$ of GDP compare
- 131 United States 0.8736 constant LCU per US$ of GDP compare
- 132 Puerto Rico 0.8316 constant LCU per US$ of GDP compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Panama?
- Gross national expenditure (constant lcu), per unit of gdp in Panama was 0.9029 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Panama?
- The highest recorded value was 1.88 constant LCU per US$ of GDP in 1998.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Panama?
- The lowest recorded value was 0.9029 constant LCU per US$ of GDP in 2024.
- How does Panama rank for gross national expenditure (constant lcu), per unit of gdp?
- Panama ranks 129th out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Panama?
- Over the last ten years it is down 19.7%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.